0226 GMT - Goldman Sachs pushes back its timing for the next rate hike by the Bank of Japan by six months, several economists led by Akira Otani say a research report. Although the BOJ maintains its stance on expecting a gradually rising policy rate, the central bank has also pushed back its timing for underlying inflation achieving 2%, citing high uncertainty over trade policies, the economists note. Hence, GS pushes back its timing for the next BOJ rate hike to January 2026 from July 2025. "That said, the rate hike timing is highly dependent on U.S. tariff policy and overseas economic trends, especially in the U.S., and uncertainty remains elevated at this juncture," the economists add. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
May 01, 2025 22:26 ET (02:26 GMT)
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